Posted on July 24, 2009 by grandcountygop
“In other words, the value of the dollar remained extremely stable for 150 years, then The Fed was created in order to “stabilize the value of the dollar” and the result has been a 95% devaluation of the dollar in less than 100 years following its creation. Below is a graph of this history…..”
Filed under: Articles of Interest, Banking Concerns, Federal Reserve, Government Budget, Monetary Policy, Taxation without representation, Think for yourself, government fraud and waste | Tagged: debasing dollar, Federal Reserve, Fiscal Budget, misinformation, monetary inflation, Monetary Policy, taxation | Leave a Comment »
Posted on June 18, 2009 by grandcountygop
These are excerpts from Peter Schiff’s talk that you can read in their entirety here. The video of Schiff with Jon Stewart embedded in the article is an excellent summary of his whole talk which is off the cuff and a bit scattered. Here are the excerpts. Read, understand, and get ready. “So, the problem, and the [...]
Filed under: Articles of Interest, Banking Concerns, Federal Reserve, Legislation, Monetary Policy, Think for yourself, government fraud and waste | Tagged: bailouts, debasing dollar, Federal Reserve, government debt, government fraud and waste, Greenspan, Independent thinking, monetary inflation, Monetary Policy, stimulus, TARP, taxation | Leave a Comment »
Posted on June 11, 2009 by grandcountygop
H.R. 1207, The Federal Reserve Transparency Act of 2009, yesterday surged past the 200 co-sponsor mark, nearing a majority in the U.S. House of Representatives. The bill, introduced by Congressman Ron Paul (R-TX), now has 207 cosponsors including 51 Democrats.
Signing on to the bill yesterday were Republican Minority Leader John Boehner (R-OH) and influential Rules Committee Ranking Member David Drier (R-CA). The bill has gained 28 co-sponsors just in the month of June.
Congressman Paul’s legislation is aimed at pulling back the curtain from a secretive and unaccountable Federal Reserve. Congress and the American people have minimal, if any, oversight over trillions of dollars that the Fed controls.
Filed under: Federal Reserve, Legislation, Monetary Policy, Think for yourself, government fraud and waste | Tagged: debasing dollar, Federal Reserve, government debt, government fraud and waste, Independent thinking, monetary inflation | Leave a Comment »
Posted on April 12, 2009 by grandcountygop
The Consumer Price Index (CPI) since 1914.
Filed under: Monetary Policy | Tagged: monetary inflation | Leave a Comment »
Posted on April 6, 2009 by grandcountygop
Last night, former Reagan-era S&L regulator and current University of Missouri Professor Bill Black was on Bill Moyers’ Journal and detailed the magnitude of what he called the on-going massive fraud, the role Tim Geithner played in it before being promoted to Treasury Secretary (where he continues to abet it), and — most amazingly of all — the crusade led by Alan Greenspan, former Goldman CEO Robert Rubin (Geithner’s mentor) and Larry Summers in the late 1990s to block the efforts of top regulators (especially Brooksley Born, head of the Commodities Futures Trading Commission) to regulate the exact financial derivatives market that became the principal cause of the global financial crisis.
Filed under: Articles of Interest, Monetary Policy | Tagged: bailouts, Federal Reserve, Geithner, Greenspan, monetary inflation, Monetary Policy, Rubin, Summers | Leave a Comment »
Posted on March 25, 2009 by grandcountygop
“The best way to destroy the capitalist system is to debauch the currency,” said Lord Keynes. Ben Bernanke disagrees. A student of the Depression, the Fed chair appears far more fearful of deflation—a vicious cycle of falling prices, debt defaults, home foreclosures and rising unemployment. Deflation is what America underwent in the 1930s. A Fed-created [...]
Filed under: Articles of Interest, Monetary Policy | Tagged: Buchanan, debasing dollar, Federal Reserve, monetary inflation | Leave a Comment »
